RE:ES still buying everything in the area he ownslikeike wrote: 20% of Sic
14% of Nfld
10% of Lab (?) unsure
18% of NFG
Does he own any other in 10% or more?
He might not want to take over the world but is trying to own Newfoundland?
Do you think he is doing this because he wants to lose money? IKE
So I think I see a triangle developing here....Eric buys in 14% of NFLD.....He already has 20% of NFG thru his different investment vehicles, of which they own 10% of NFLD, then although not in place yet, there are 15.5 million shares of NFLD, 20% of the outstanding under the control of CRES. Exploits/NFLD and CRES are run by the same management team. So if he were to take out CRES, he would then be holding upwards 40% of NFLD, under two separate companies staying on the right side of the regulators.